 Andrew and Sharon Turner want to make a difference |
An exchange of shares and a cash injection of �2m into Norwich City Football Club means the club can retain its top stars for next season. Sharon and Andrew Turner have joined the board replacing vice-chairman Barry Skipper who has sold his shares.
Mr Turner founded a mortgages and loans firm and was named in the Sunday Times Rich List as sixth wealthiest person in East Anglia with a fortune of �275m.
Mr Turner and his wife have given the Canaries an interest free loan of �2m.
The club said they will now not have to sell top players like Robert Earnshaw or Darren Huckerby in the summer.
'Make a difference'
Mr Turner started his business Central Trust in London in 1987 moving to Watford in 1997.
The company set up a second office in Norwich and this now houses its headquarters.
Norwich City FC are in a mid-table position in the Championship in the current season.
Norwich City FC chairman Roger Munby said: "In order to be able to deliver club manager Peter Grant the budget we'd agreed for next season there would have been a �2m shortfall.
"This loan eliminates any possibility of that being the case and we don't have to sell players to make up the balance."
Andrew Turner said: "We've joined as non-executive directors alongside the management team who run the club on a day-to-day basis.
"But our nature is to help, contribute and do something to make a difference - that's why we've come to the club."